Retention Bonus Amount. The Company shall pay to Employee a total amount of $500,000.00, less applicable state and federal taxes and withholdings, as a Retention Bonus if Employee remains employed during the entire Retention Period and complies with all other conditions stated in this Agreement and otherwise meets all conditions precedent to earn the Retention Bonus. The Retention Bonus shall be subject to standard withholdings.
Retention Bonus Amount. You shall be eligible to receive a retention bonus in an amount equivalent to $ subject to the conditions and on the dates set forth below (the “Retention Bonus”).
Retention Bonus Amount. Lump sum payment equal to three months of your base salary, reduced by applicable withholding taxes. Severance Amount: If you are terminated without cause prior to June 30, 2001, a lump sum payment equal to six months of your base salary, reduced by applicable withholding taxes. If you are terminated without cause on or after June 30, 2001, a lump sum payment equal to three months of your base salary, reduced by applicable withholding taxes. Accelerated Vesting: 50% of unvested options or unvested stock subject to repurchase Conditions for Receipt of the Retention Bonus: You will receive the Retention Bonus if One of the following circumstances applies to you: • You accept an offer of employment with an acquiring company, and you continue in your active full time Preview Systems employment until the closing of the transaction; or • You don't receive an offer from an acquiring company that provides for at least equal base salary and similar responsibilities, and you continue in your active full time Preview Systems employment until June 30, 2001. And you meet each of the following conditions: • You do not apply for employment or engage in discussions regarding future employment with Digital River, Inc., Intraware Inc., Macrovision Inc., Corporate Software & Technology Inc., Microsoft Corp., RealNetworks Inc., Intertrust Technologies Corp., Software Spectrum Inc., Liquid Audio Inc., AOL Time Warner Inc., Verity Inc., or Virage Inc. prior to the closing date of a transaction with an acquiring company or June 30, 2001, whichever is applicable to you under the above conditions; and • You maintain the confidentiality of "this Retention Bonus offer. • You sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the release. Conditions for Receipt of the Severance Amount: • Your employment with the Company is terminated by the Company without cause, other than on account of your commencement of employment with an acquiring company. And you meet each of the following conditions: • You do not apply for employment or engage in discussions regarding future employment with Digital River, Inc., Intraware Inc., Macrovision Inc., Corporate Software & Technology Inc., Microsoft Corp., RealNetworks Inc., Intertrust Technologies Corp., Software Spectrum Inc., Liquid Audio Inc., AOL Time Warner Inc., Verity Inc., or Virage Inc. prior to the closing date of a transaction with an acquiring...
Retention Bonus Amount. The Retention Bonus will be payable in two equal installments, in the aggregate amount of $732,000.00, less applicable taxes and other withholdings and deductions as required by law or the policies of the Company. The Retention Bonus will be payable as follows, subject to satisfaction of the conditions set forth below: a. Fifty percent (50%) of the Retention Bonus will be paid to you within 30 days after the First Payment Schedule Date; and b. Fifty percent (50%) of the Retention Bonus will be paid to you within 30 days after the Second Payment Schedule Date. 3.
Retention Bonus Amount. The amount of the Retention Bonus payable to the Employee provided the Employee fulfills the conditions set forth in paragraph 1 above shall be $50,000.
Retention Bonus Amount. Lump sum payment equal to twelve months of your base salary plus 100% of your target bonus for this year, reduced by applicable withholding taxes. Severance Benefits: • Lump sum payment equal to six months of your base salary plus 50% of your target bonus for this year, reduced by applicable withholding taxes. • Up to a maximum amount of $5,000 in reimbursement for fees incurred in obtaining tax or financial accounting advice with respect to this Agreement. • Coverage under the Company’s director and officer liability insurance program for a period of 3 years following the termination date, but only if and to the extent that such insurance is maintained for other officers and directors of the Company in general. • Reimbursement for COBRA coverage under the Company’s medical, dental, and vision insurance benefits at Company expense until the earlier of December 31, 2001, or the date on which you become eligible for medical insurance coverage from another employer, or the date on which COBRA coverage is no longer available under the Company’s plans. Should COBRA coverage no longer be available, the Company will purchase an individual policy providing for equivalent coverage through December 31, 2001. Accelerated Vesting: • 100% of March 2001 grant • 50% of previously unvested options or unvested stock subject to repurchase, except for grants subject to 100% accelerated vesting.
Retention Bonus Amount. Lump sum payment equal to six months of your base salary plus 50% of your target bonus for this year, reduced by applicable withholding taxes. Severance Amount: Lump sum payment equal to three months of your base salary plus 25% of your target bonus for this year, reduced by applicable withholding taxes. Options Grant: 50,000 shares of Preview Systems common stock at a price per share of $2.6562 Accelerated Vesting: • 100% of new grant • 50% of previously unvested options or unvested stock subject to repurchase Conditions for Receipt of the Retention Bonus: You will receive the Retention Bonus if One of the following circumstances applies to you: • You continue in the active full time employment of Preview on the Retention Bonus payment dates specified below; or • You are terminated from your employment by Preview other than for cause before July 31, 2001. And you meet each of the following conditions: • You maintain the confidentiality of this Retention Bonus offer. • You sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the release.
Retention Bonus Amount. Subject to the terms of this Agreement, the Executive shall be entitled to receive a retention bonus in the amount of ___ (the “Retention Bonus”) from the Company for services previously rendered to the Company and any subsidiary.
Retention Bonus Amount. Subject to the terms set forth in Schedule 1.1(D), Buyer shall pay or cause to be paid the Retention Bonus Amount.
Retention Bonus Amount. Subject to the terms of the Plan and the Letter Agreement, a Participant shall be eligible to earn a Retention Bonus. Such Retention Bonus need not be the same for each Participant. Each Retention Bonus amount may be stated as a dollar amount or as a percentage of, or as a formula relating to, the Participant’s Initial Base Salary, and shall represent the amount of cash that can be earned by the Participant under the Plan. Each Participant’s Retention Bonus amount and/or, the respective portions thereof comprising the First Installment and Second Installment, shall be set forth or otherwise described in the Letter Agreement.
